Horner: Red Bull employees' kids being bullied over F1 cost cap allegations

• Horner claims breach was "a couple of hundred thousand dollars" and was due to "interpretation".
• Horner claims Red Bull did not have an advantage on-track due to the cost cap issue.
• Brown's complaint to FIA was "appalling", says Horner
• Red Bull remain in talks with FIA to resolve the issue.

“The൲re is a concerted campaign for a draconian penalty for Red Bull [over] a couple of hundred thousand dollars.”

“We have been subjected to three weeks of abuse.

“It’s just not right. It has to stop.”

"I ✨have confidence that there will be transparenc💯y."

“I can’t tell you that! Confidential.

“Once c♍oncluded there will be transparency and I will talk you t𒆙hrough our submissions and the position we had.”

"This could be dragged out for months wh𝐆ich is no🔯t our intention. We want closure.

“It is in the interests of everybody, the sport, to get this resolved as quickly as possible. There are many lessꦍons that can be learned.”

“The cap is a rule, no more than t🎃he technical r🀅ules.

“My letter said: ‘If someone has…’

“No different if a ride-height is incorrect.

“It didn’t mention aﷺny♏ teams. It was a general response.

“‘If someone breaches the cost cap, here are what we think the ram✱ificaౠtions should be’.”

“It is trem🐼endously disappointing for a competitor to accuse you of cheating and fraudulent.

“For a competitor, without the🌠 details, to accuse you of that🅘?

“We’ve been on trial since Singa꧂pore. The rhetoric o🎶f cheats.

“The numbers in the media ꦛare miles away from reality.

“The damage this done to the brand, our drivers, our workforce? In an age where mental health is prevalenღce?

“We see kids bullied in playgr꧃ounds who are kids of oꦿur employees.

🐻“You cannot make these allegat🅘ions without fact or substance.

“We are app✤alled at the behaviour of some of our competitors.”

“Absolutely not. What are the relevant costs within the cap - 𓆉this is where the interpretation comes from.

“Our view is that our releꦕvant costs come within the cap.

“We are in talks with the FIA over mitigating🍰 circumstancꦗes.

“We had zero benefit from an operational persp💛ective. 

“Our submission 🧸was below the cap. We expect things to b🅺e challenged or clarified.

“Based on third-party 💫accounting, the interpretation of the 52-page document was clear from o🍌ur side.

“We absolutely do not feel that we had any advantage in 2🎀021 or 2022. It is 🌠totally fictitious.”

“We made an interim submission in 2021 - there was no feedback that we were doing anything 🦋that was contrary to regulatౠions.

“The submission🌊 in March, we𒐪 didn’t back from until September which is significant time.

“There is a duty in FIA reg♈ulations to guide, to ha♒ve effective compliance.”

“Because all🍃 the teams have opinions. Some speak, others do not bring forward their views.

“I thought it was important for transparency.

“There are times we speaꦦk openly a🎶nd times there is back-channelling.

“We never spoke about the potential consequences. Like all the 𓃲teams do,🌜 we suggested some solutions for the FIA.

“It is very important𒊎𝕴 for the future of the sport. It is complicated and new.

“None of us know any details. We need to w🌄ait for the FIA and Red Bull 🎐to conclude.”

“We are in a process with the FIA. We hope to get closure on that. At that point, all facts will be l🃏aid on the table and we can talk openly about the cap, and about 💛why we feel our costs were fully in line.

“They are diligently trying to doꦯ their job. Hopefully in the near future we will have a resoluti🍃on.

“It is a new proc🍎ess. Remember, with these regulations, they were introduced at a level of $170m reduced by $30m in the pandemic. They are complicated regulations. 2021 was the first-ever year of a set of complicated financial r🌱egulations that have varying interpretations.

“I hope we can conclude this in the near future.”

"If we are able to convert this it will be an outstanding ac🌱hievement for the team. If you believe in something, anything is possible. There were times that it looked like there was no hope of challenging the dominance of recent years but we have turned it around."

"We need♛ an American driver, and a successful one. Not just Brad Pitt!

"We will see more American talent emerging."

"T🌟he superlicense is another topic that we need to๊ look at..."

"On the condition that ꦅhe gets enough superlicence points he will be🐻come our second driver next year."

Christian Horner is arriving now...

• Horner will address Red Bull's guilt of breaking the F1 cost cap for the first time.
• Brown, who wrote a letter to the FIA complaining about Red Bull, will sit beside Horner.
• Has a resolution to this saga been found yet?

The FIA have offere🐻d Red Bull an Accepte🎐d Breach Agreement.

• Red Bull could accept it, and accept that they broke rules.
• Or they can contest it.

𓃲Red Bull and the FIA are no closer to resolving the issue after a meeting🍬 on Friday.

Ferrari team principal Mattia Binotto is unwell so not at the track today,🀅 and therefore not in the press conference at 5.30 UK.

Jost Capito will replace him.

But all eyes will🔯 be on Chr༒istian Horner vs Zak Brown!

• Staff gardening leave and sick pay

• Catering costs

• Spare parts

• Tax

A breakdown of how Red Bull reportedly we✤nt from $4m witꦗhin the cost cap to $1.8m above it.

The McLaren CEO 168澳洲5最新开奖结果:wrote a letter to the FIA complaining about Red Bull’s breach.

"The overspend breach, and possibly the procedural breaches, constitute cheating by offering a significant ꦍadvantage across technical, sporting and financial re♛gulations,” an extract from the letter read.

“Iﷺs it a so-cal🐎led minor breach, because I think the word is probably not correct?

“If you’re spending $5m more, and you’re still in the minor breach, it still🎃 has a big impact on the championship.

“To give you an idea, we obviously monitor close🐽ly which parts are being brought to the track from the top teams every single race – for the 2021 season and theಌ 2022 season.

“We can see that there are two top teams that are just abo💦ut the same and there is another team that spends more.

“We kno✤w exactly that we’re spending – $3.5m a year in parts that we bring to the car. So then you can see what difference it makes to spend another $500,000.”

"It's happened in the past for me. I would say🌱 I'd moved on from last year, and of course this popping up at this point in the season definitely brings up emotion for many people, the fans, for everyone.

"For how it wenﷺt down 🉐at the end of last year and then on top of that, this happened.”

Everything you need to know about the 168澳洲5最新开奖结果:F1 cost cap - why it was introduced, how much t🍌he budget is, what to𝄹 expect in 2023...